Closing Note
updated 2026-07-24 14:52 UTC

CMG — oversold signal, 02 Jun

long term
RSI(2)1.2
RSI(14)29.2
Close $ · flag day29.26
Off 20-day high−13.8%
Avg volume17.5M

What followed

DateClose $ 5-day avg.vs flag close
02 Jun29.2631.36+0.0%
03 Jun28.7430.57-1.8%
04 Jun28.1829.72-3.7%
05 Jun29.3429.21+0.3%
08 Jun29.2728.96+0.0%
09 Jun29.8829.08+2.1%
10 Jun30.4229.42+4.0%
11 Jun31.2530.03+6.8%
12 Jun32.2330.61+10.2%
15 Jun32.7331.30+11.9%
16 Jun32.6131.85+11.4%

The rule flags the close; the strategy's exit is the first close above the 5-day average, or six trading days, whichever comes first. Shown for research — not every flag is traded.

Research chart

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From the oversold list of 02 Jun. The freshest lists go out in the daily alert at 21:30 CET.